The venture capital business model is built on the theory that if you do ten investments and have one huge return, what happens with the other nine investments doesn’t matter. I don’t take issue with the financial argument of this model. However, I do have an issue...

In 2018, Innovate Birmingham published their final report on the Birmingham entrepreneurial ecosystem. (See five articles at the end of this link – http://www.innovatebham.com/about/) In that report, the core conclusion is that Birmingham needs more...

The role of the board and the board chair for a small and middle-sized private business is materially different from the role of a non-profit’s board and from a public company’s board, which must follow a host of securities regulation and compliance laws. ...

Birmingham is still recovering from economic mistakes of the past. We can’t repeat them. When the clock struck midnight the other night, I heard the refrain, “Time to party like it’s 1999.” I guess a little Prince, coupled with a year mnemonically similar to an event...

The Birmingham entrepreneurial ecosystem is now in its adolescence. Just like a teenager, our entrepreneurial system does miraculous things that impress, inspire, and invigorate the community — then stays out past curfew, blows allowance money, and remind us...